According to TechFlame, according to GlobeNewsWire, Hut 8 announced today that its subsidiary American Bitcoin and Gryphon Digital Mining's share exchange and merger transaction has entered the shareholder voting phase. Gryphon will hold an extraordinary general meeting of shareholders on August 27 to vote from registered shareholders up to July 25. The transaction is expected to close in early September 2025, and the merged company will operate under the American Bitcoin brand and be listed on the NASDAQ exchange under the ticker symbol “ABTC”. Gryphon's board of directors has unanimously recommended that shareholders vote in favor of the deal.